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GOVERNMENT

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Social/Politics

Taxpayers Face To Face With Tax Spenders: We Seem To Live In Parallel Worlds

The revenue growth forecasts included in the 2012 budget are too optimistic because those who worked on building the budget took a purely accounting approach to the job. The lack of transpar...

Loredana Frățilă-Cristescu · 24.11.2011 · 00:00 · 3 min
Social/Politics

FOCUS: Romanian Ministries Spend Over EUR500M Per Year On HQ Maintenance

Romania could save up EUR150-200 million every year from the ministries' budgets alone if the Palace of Parliament or other large state-owned buildings housed several such institutions, sinc...

Radu Bostan · 23.11.2011 · 17:05 · 2 min
Companies

Romanian Entrepreneurs: We Pay Very High Taxes For Zero Results. Where Does The Money Go?

Ziarul Financiar this week started a campaign about the management of the 195 billion lei (EUR45 billion) that the government hopes to collect for the general consolidated budget in 2012, as...

Loredana Frățilă-Cristescu · 23.11.2011 · 00:00 · 6 min
Social/Politics

Private Pension Regulator Council Validated By Vote Of Majority Of MPs In Attendance

The leaders of Romania's private pension system regulator (CSSPP) will be appointed by the vote of the majority of MPs present during their validation, no longer requiring the support of the...

Radu Bostan · 22.11.2011 · 20:43 · 1 min
Military Personnel Must Join Private Pension Fund Within Seven Months
Banks-Insurance

Military Personnel Must Join Private Pension Fund Within Seven Months

Romanian military personnel, police agents and special employees of the defense and prison administration systems will be required to sign up for a private pension within seven months, with...

Radu Bostan · 22.11.2011 · 20:11 · 1 min
Do You Know Where Your Money Goes?
Social/Politics

Do You Know Where Your Money Goes?

ZF starts a campaign Tuesday to monitor how the 195 billion lei (EUR45 billion) that the government expects to collect for the consolidated budget in 2012, as indicated by the budget bill, w...

Loredana Frățilă-Cristescu · 22.11.2011 · 00:00 · 5 min
Government To Exempt RA-APPS From Local Property Taxes
Real Estate

Government To Exempt RA-APPS From Local Property Taxes

Romania's Government will exempt public institutions and RA-APPS, the authority that administers government real estate properties, from paying local taxes on their buildings, says the emerg...

Radu Bostan · 18.11.2011 · 15:31 · 2 min
Real Estate

EXCLUSIVE: Romanian Govt Switches Two Party HQs To Private State Domain In View Of Sale

Romania’s Government will transfer the Bucharest headquarters of the ruling Democratic Liberal Party and the Hungarian minority party UDMR from the public to the private domain of the state,...

Oana Gavrila · 18.11.2011 · 12:37 · 1 min
Public Officials Without Government Residence Will Pay Rent With Public Money
Social/Politics

Public Officials Without Government Residence Will Pay Rent With Public Money

Romanian public officials whose residences will be sold by RA-APPS, the authority that manages government buildings, will have to find a new home on the market, but their rent up to 18,600 l...

Radu Bostan · 17.11.2011 · 20:18 · 1 min